I remember that split day because it was my first stock split experience and for some reason my $40,000 became $80,000 for about 2-3 hours on TD until the DB refreshed again and fixed it lol.
ENB stock has really outperformed TRP. 1,3,5,10 year pick one.
Debate: Greenpeace vs. Marin Katusa on pipeline
Marin's statistic at 4:30 minutes is astonishing; can that be true?
Rex and I got along quite well, and we both agreed to stay in touch and to discuss further aspects of the "Sensible Solution." All of that discussion will be published, and the main points from both sides will be provided in the Casey publications in the months to come. ~Marin Katusa
It seems the likelihood of a pipeline to the west coast, boils down to one key factor.
Do the people of BC want to accept the risk to their pristine coastline..........so that Alberta has a source for oil?
For those who enjoy the BC lifestyle..........the answer is probably..........no.
One question I wonder about.............
Since the Free Trade Agreement with the US guarantees the US can purchase oil at the same price that Canadians pay for it........would an increase to the cost for US consumers to world prices...............also necessitate a similar higher price for Canadians?
The oil companies would benefit.............but would Canadians?
Last edited by sags; 2013-01-23 at 04:19 PM.
It is not as simple as that.
Originally Posted by sags
The price that Canada obtains for its oil has huge, huge ramifications for the entire country.
It is not just an Alberta thing - it impacts the financial state of the entire country.
For some recent numbers, see:
It is easy to write off this as an "east vs. west" thing or an "Alberta thing", but it's not.
After all, someone's gotta pay for all the socialist welfare programs and the auto bailouts, such as the one announced today worth another $34M